Global Vascular Stent
Market Report
2025
The Global Vascular Stent Market was valued at USD 12.10 billion in 2022 and is projected to reach USD 21.58 billion by 2030, registering a CAGR of 7.5 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Vascular Stent Market was valued at USD 12.10 billion in 2022 and is projected to reach USD 21.58 billion by 2030, registering a CAGR of 7.5 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Vascular Stent Market Sales Revenue 2022 | $ 12.1 Billion |
Global Vascular Stent Market Sales Revenue 2030 | $ 21.58 Billion |
Global Vascular Stent Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
Market Split by Type |
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Market Split by Product |
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Market Split by Material |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Vascular Stent Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The small, expandable scaffolds or tubes that are designed to restore and support blood flow in blocked or narrowed blood vessels are called as vascular stents These vascular stents are commonly used in treatment of cardiovascular diseases, specifically in the cases of atherosclerosis or build-up of plaque within the arteries. Whenever a blood vessel gets blocked or becomes narrowed due to the build-up of plaque, it restricts the blood flow, resulting into different health problems such as cardiac arrest, stroke, or chest pain (angina). Vascular stents are used to open up the blocked or narrowed vessel and keep it open in order to allow movement of blood more freely. The vascular stents are placed or inserted during the minimally invasive procedure known as angioplasty. Usually stents last for a permanent time period, but if (2-3 percent) risk of narrowing of blood vessels comes back, then it lasts for 6-9 months.
Increasing number of angioplasties and rising prevalence of cardiovascular diseases
Angioplasty is a minimally invasive procedure in treatment of cardiac diseases, which involves insertion or placement of a vascular stent to treat blocked or narrowed blood vessels. Thus, demand for less invasive treatment options is increasing, therefore, the number of angioplasties being performed are also on the rise. According to the Spanish Society of Cardiology, in 2020, the rate of primary angioplasty increased, which reached 445 per million populations which witnessed a growth of 6.2%. Therefore, increased number of angioplasties being performed resulted into an increased demand for vascular stents.
In addition, there has been witnessed a rise in incidences of cardiovascular diseases such as peripheral artery disease and coronary artery disease. These diseases are characterized by the blockage or narrowing of blood vessels resulting into reduced blood flow. According to the article published by the American Heart Association (AHA), in 2020, around 19.05 million deaths were recorded due to cardiovascular diseases (CVD), which increased by 18.71% from 2010. Therefore, rising prevalence of cardiovascular diseases resulted into generating a greater demand for vascular stents. Thus, above factors are significantly fuelling the growth of the global vascular stents market.
Several complications such as stent thrombosis, in-stent restenosis, stent migration, and stent fracture are associated with the use of vascular stents. Stent thrombosis is development of blood clots around or within the stent which can result into a stroke or even a cardiac arrest. Further, in-stent restenosis occurs when the treated blood vessel gets re-narrowed after the placement of stent. In addition, most of the times, the stent gets migrated from its original position due to inadequate stent expansion or improper stent sizing. Stent fracture can also occur where breakage of stent occurs. Therefore, all these adverse events and complications associated with the usage of stent are likely to restrain the growth of the global vascular stents market.
The outbreak of Covid-19 has witnessed a significant impact on Vascular Stent market growth. The pandemic had been driving unprecedented changes in healthcare services (including radiology) across the globe. During the early stage of COVID-19 pandemic, several countries implemented lockdowns and restricted various non-essential medical procedures. Thereby, resulting into decline in non-urgent medical procedures. Thus, during early stages of pandemic, demand for Vascular Stent services and equipment had dropped significantly.
The distribution and manufacturing of Vascular Stent equipment’s was also disrupted due to factory shutdowns, restrictions on international trade, and transportation challenges led to the delays in production and delivery of Vascular Stent devices. Thus, this affected the availability of vascular stents.
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The major players operating in the market are Medtronic Plc, Abbott Laboratories, Boston Scientific Corporation, Biotronik Se & Co. Kg, Braun Melsungen Ag, Terumo Corporation, Microport Scientific Corporation, Meril Life Sciences Pvt. Ltd., Vascular Concepts Limited, C.R. Bard, Inc., W.L. Gore and Associates, Inc., Endologix, Inc., Lombard Medical, and others.
Recent Developments:
April 2022
In April 2022, Translumina, a significant manufacturer and developer of innovative cardiovascular medical devices used in interventional cardiology, launched VIVO ISAR. VIVO ISAR is its recent generation dual drug polymer-free coated stent (DDCS). The product was launched in several international markets including Europe.
Top Companies Market Share in Vascular Stent Industry: (In no particular order of Rank)
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North America held the largest share of the Vascular Stent market
The Vascular Stent industry in the region of North America is expected to grow with the fastest CAGR over the projected period, from 2023 to 2030. The most important reason attributing for North America dominating the global vascular stents market is the higher prevalence of cardiovascular diseases including peripheral artery disease and coronary artery disease. Thus, need for effective treatment solutions such as vascular stents have been emerged in the region of North America. This increased demand for vascular stents has fuelled the growth of vascular stents market in North America. Whereas, North America's advanced healthcare infrastructure aids in prompt diagnosis, effective treatment, and higher adoption of advanced and modern interventional procedures such as vascular stent placement. The above factors have propelled the demand for vascular stents in North America, resulting into North America to continue dominating the global vascular stents market.
The current report Scope analyzes Vascular Stent Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Vascular Stent Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Vascular Stent Industry growth. Vascular Stent market has been segmented with the help of its Type, Product Material, and others. Vascular Stent market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Vascular Stent market.
Type of Vascular Stent analyzed in this report are as follows:
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By Product, The coronary stent segment has held the largest revenue market share in 2022
The coronary stent segment dominated the global Vascular Stent market in 2022. The coronary stent segment is expected to continue to dominate the global Vascular Stent market in the forecast period. Increased incidences of coronary artery disease (CAD), that involves the blockage or narrowing of coronary arteries. Coronary Artery Diseases are the significant cause of heart attacks and other cardiac disorders. Thus, higher prevalence of CAD necessitated interventions to prevent complications and restore blood flow where coronary stents play a crucial role. In addition, extensive use of PCI (Percutaneous Coronary Intervention), normally known as coronary angioplasty performed to treat CAD. This involves the use of a balloon-tipped or drug-eluting stent and a catheter to open blocked or narrowed vessels or arteries. Thus, PCI with stent placement has been a standard of care for patients with CAD thereby, resulting into a substantial demand for coronary stents. Therefore, the dominance of the coronary stent segment is driven by increased prevalence of CAD.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Vascular Stent Market is witnessing significant growth in the near future.
In 2023, the Drug Eluting Stents (DES) segment accounted for noticeable share of global Vascular Stent Market and is projected to experience significant growth in the near future.
The Cerebrovascular Stents segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Medtronic, Boston Scientific Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Drug Eluting Stents (DES), Bioabsorbable Stents (BAS), Tracheobronchial Stents, Bare Metal Stents (BMS), Illiac Artery Stents |
Product | Cerebrovascular Stents, Coronary Stents, Aortic Stents, Renal Artery Stents |
Material | Metals, Polymers |
End-User | Cardiac Centres, Hospitals, Others |
List of Competitors | Medtronic, Abbott Laboratories, Boston Scientific Corporation, BIOTRONIK, B. Braun Melsungen, Terumo Corporation, STENTYS, MicroPort Scientific Corporation, Meril Life Sciences, Vascular Concepts, W. L. Gore and Associates, C. R. Bard, Endologix, Lombard Medical Technologies, Translumina, JOTEC |
This chapter will help you gain GLOBAL Market Analysis of Vascular Stent. Further deep in this chapter, you will be able to review Global Vascular Stent Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Vascular Stent. Further deep in this chapter, you will be able to review North America Vascular Stent Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Vascular Stent. Further deep in this chapter, you will be able to review Europe Vascular Stent Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Vascular Stent. Further deep in this chapter, you will be able to review Asia Pacific Vascular Stent Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Vascular Stent. Further deep in this chapter, you will be able to review South America Vascular Stent Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Vascular Stent. Further deep in this chapter, you will be able to review Middle East and Africa Vascular Stent Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Vascular Stent. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Product Analysis 2019 -2031
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Chapter 12 Market Split by Material Analysis 2019 -2031
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Chapter 13 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Vascular Stent market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
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Why Drug Eluting Stents (DES) have a significant impact on Vascular Stent market? |
What are the key factors affecting the Drug Eluting Stents (DES) and Bioabsorbable Stents (BAS) of Vascular Stent Market? |
What is the CAGR/Growth Rate of Cerebrovascular Stents during the forecast period? |
By type, which segment accounted for largest share of the global Vascular Stent Market? |
Which region is expected to dominate the global Vascular Stent Market within the forecast period? |
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